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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: ALAN who wrote (42066)4/3/1998 9:08:00 AM
From: RobZ  Respond to of 61433
 
Alan,

ASND seems to be moving somewhat in line with the market since mid-JAN. About $1/share (from $24-26) with every 100 point move in the stodgy DOW (from 7400). Going forward ASND could easily pull ahead of this as the multiple on KO, GE, DIS, WMT, MCD, etc.. reach staggering levels.

With a rosy employment report,

"$40...been there done that"

next stop...$50

GO ASND!